Let's see, They charge more, so they take money out of the economy that could go to other things. I guess you could say they encourage people to search for reasonable alternatives in the form of substitutes or entirely new ways to solve the problem (public transit or solar power) or burning ethanol in cars. Farther afield, monopolies accumulate such amounts of money that they (can)become dominant in the economy of a state or nation. Once the monololy has garnered political support its uses of that power are for the monopoly and not society, like changes in tax policy.
Monopolies can make excessive profits by over-charging consumers.
Monopolies can make excessive profits by over-charging consumers.
to prevent monopolies and collusion (plato)
okay i nose
the competition in the market economies encourages both qyality and low prices.
Monopolies can make excessive profits by over-charging consumers.
Monopolies can make excessive profits by over-charging consumers.
to prevent monopolies and collusion (plato)
Unemployment rates doubled.
okay i nose
the competition in the market economies encourages both qyality and low prices.
Equilibrium and economies scale in market economy
The economies which are converting from social market system to capital market system
The competition in market economies encourages both quality and low prices.
The competition in market economies encourages both quality and low prices.
The competition in market economies encourages both quality and low prices.
market economies are found in democratic forms of government